Grants and Contributions:

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Title:

ICAP 2023 – International Co-Innovation Action Plan

Agreement Number:

1016606

Agreement Value:

$48,000.00

Agreement Date:

Feb 12, 2024 - Jan 31, 2025

Description:

This International Co-Innovation Action Program (ICAP) project will prepare the firm to enter into future international co-innovation work, to identify co-innovation partners with extensive knowledge of the UK power grid in various aspects, actively addressing challenges related to the integration of renewable energy, grid resilience, and the imperative for real-time monitoring and control. Of particular interest is partners who share an enthusiasm for the digital twin market. An investment in the UK aligns with the company's strategic R&D initiatives while accelerating go-to-market timeline for digital twin solutions.

Organization:

National Research Council Canada

Expected Results:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Location:

Montreal, Quebec, CA H3K 1G6

Reference Number:

172-2023-2024-Q4-1016606

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

141839878

Recipient Type:

For-profit organization

Additional Information:

This agreement has been amended 1 time(s). The end date of this agreements has been modified by 70 days.

Amendment Date

Nov 29, 2024

Recipient's Legal Name:

OPAL-RT TECHNOLOGIES INC

Federal Riding Name:

Ville-Marie--Le Sud-Ouest--Île-des-Soeurs

Federal Riding Number:

24077

Program:

Industrial Research Assistance Program – Contributions to Firms

Program Purpose:

Coverage:

IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

541514

Amendments:

See Amendments